Immediately after the announcement that Joko Widodo chose Jusuf Kalla as his running mate, the IHSG and rupiah exchange rate plunged, losing the gains it had acquired earlier on the day. This should not be seen as a negative response of the market towards the candidates but is purely a case of profit taking due to a lack of further positive market sentiments. In fact, mixed Asian indices caused negative market sentiments on the Indonesia Stock Exchange. And thus - after having surged +1 percent directly after the start of trading - at the end of the day the IHSG had fallen 0.33 percent to 5,015.00 points.

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